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Richard Rittorno: The market is opening slightly down into the new week in a hangover stemming from what is now been dubbed “Europe’s Grand Plan.”
The “Grand Plan” to address Read more…
After endless arm-twisting, scores of gloomy forecasts, and a host of ominous threats, the Greeks have finally acted just as their many new masters instructed. Throughout this entire year-long ordeal, made worse by the perpetual mayhem of protesters, the Euro has been the front line for wagering and sentiment prediction, having first plummeted and then Read more…
The Euro closed up Friday`s session at 136.13, and looks poised to make a run up to test the 140 level in February. I, among many, was thinking the Euro would next test the 125 level, and things Read more…
UBS sees a short term rally for the Euro, although their long term look is not very rosy. Businessweek is quoting Mansoor Mohi-uddin, Singapore-based global head of currency strategy at UBS as saying, “Policy in the region is becoming very unfavorable. Investors should use gains in the euro to make fresh bets it Read more…
NYSE:DRR, NYSE:ERO, NYSE:EU, NYSE:EUO, NYSE:FXE, NYSE:ULE, NYSE:URR
At the beginning of the crisis the dollar rose as investors protect theirs funds by investing in safe currency. The dollar rose by 20 percent between July 2008 Read more…
NYSE:BZF, NYSE:CEW, NYSE:CYB, NYSE:DRR, NYSE:EU, NYSE:FXA, NYSE:FXB, NYSE:FXF, NYSE:FXM, NYSE:FXY, NYSE:ICN, NYSE:JYF, NYSE:SZR, NYSE:URR, NYSE:USY, NYSE:XRU
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